Question
“RBI tightens Rules for JLFs” was the headline
recently in many newspapers. What does JLF stands for?Solution
JLFs are meetings held to revitalise stressed assets. In JLF banks attempt to red-flag stress early and check them by putting in place a corrective action plan (CAP). Â RBI has lowered the threshold needed for implementing the corrective action plan (CAP). Now, the decisions agreed to by a minimum of 60% of creditors by value and 50% of creditors would now be valid to implement the CAP. Decision taken by the JLF would be binding on all other lenders.Â
Heat stored in water vapour is –
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Which material is primarily responsible for the elasticity found in leggings and athletic apparel?
The splitting up of white light into seven colours on passing through a glass prism is called as
A ray of light from the object parallel to principal axis of a concave lens, after refraction appears to diverge from which point on the same side of th...
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The instrument which uses sound waves to measure the depth of oceans is –
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